Exam 7: Testing and Experimenting With New Ideas
Exam 1: Practicing Entrepreneurship87 Questions
Exam 2: Activating an Entrepreneurial Mindset92 Questions
Exam 3: Creating and Recognizing New Opportunities90 Questions
Exam 4: Using Design Thinking90 Questions
Exam 5: Building Business Models90 Questions
Exam 6: Developing Your Customers94 Questions
Exam 7: Testing and Experimenting With New Ideas86 Questions
Exam 8: Supplement A: Financial Statements and Projections for Startups41 Questions
Exam 8: Developing Networks and Building Teams90 Questions
Exam 9: Supplement B: the Pitch Deck45 Questions
Exam 9: Creating Revenue Models95 Questions
Exam 10: Planning for Entrepreneurs87 Questions
Exam 11: Anticipating Failure90 Questions
Exam 12: Bootstrapping and Crowdfunding for Resources87 Questions
Exam 13: Financing for Startups93 Questions
Exam 15: Engaging Customers Through Marketing90 Questions
Exam 16: Supporting Social Entrepreneurship95 Questions
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The most successful entrepreneurs are the ones who make sure they are the smartest person in any room,and education is key to doing so.
(True/False)
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Imagine that you are an entrepreneur making a new type of whiteboard.The board is exceptionally easy to clean and does not glare when pictures of it are taken.Describe why minimum viable product may or may not be a good choice for this idea.
(Essay)
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If you ask a potential customer to create their ideal version of your product,you are involved in creating a user-drive prototype.
(True/False)
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Grocery store entrepreneur Jeffrey Brown has built a thriving business and performs lots of low-cost experiments.All of those experiments began with what?
(Multiple Choice)
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A storyboard is classified as what category of business development tools?
(Multiple Choice)
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San Francisco-based electric skateboard manufacturer Boosted used what testing technique to illustrate how their users would navigate their new mobile app prototype?
(Multiple Choice)
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Which of the following questions would likely elicit the most information in a feedback interview on your new pesticide-free lawn service?
(Multiple Choice)
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Experimentation is a requirement for today's successful entrepreneurs.
(True/False)
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Entrepreneurs are more likely to generate new business ideas if they stick to a routine of familiar experiences.
(True/False)
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The phase of design thinking associated with experimentation is ______.
(Multiple Choice)
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One of the disadvantages of storyboarding is that it requires artistic talent.
(True/False)
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Which of the following is true of sketches on a page plans?
(Multiple Choice)
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What is the version of a new product which allows a team to collect the maximum amount of validated learning about the customer with the least effort?
(Multiple Choice)
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Sean has created an automatic cat feeder that will release small amounts of wet food at times set by the owner.He hopes that the unit will solve the problem of having to feed the cat multiple times a day or having to throw out food that has gone dry.He builds seven crude but serviceable units and asks friends with cats to test the product.He then obtains their feedback.What is this process called?
(Multiple Choice)
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During ______,your customer interfaces with your product but the "technology" is being conducted by a live person behind the scenes.
(Multiple Choice)
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When there is insufficient data available,intuition and experience are reliable foundations on which to make decisions.
(True/False)
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Diego has developed a software program idea that will help students organize their study notes.The program will interface with online readers who highlight components of the book,will allow the student to upload notes taken on a notebook or tablet,and will store relevant audio excerpts.All forms of notes can be tagged for categorization.Design a hypothesis that will determine interest in this product,and discuss how the experiment might be carried out.
(Essay)
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